Residential Property Accountant - Designated

Residential Property Accountant - Designated

Harbinger Network has partnered with a property management company in North York that is searching for a Residential Property Accountant to add to its growing team. The Residential Property Accountant will organize the complete accounting cycle for a portfolio of real estate properties. This responsibility includes analysis and research to provide the organization with high quality accounting information. You will liaise with other Property Accountants, A/P Clerks, Property Administrators and Property Managers. Maintain third party property files to include mortgage schedules, insurance liability schedules, capital item warranties and revenue contracts.Take initiative to propose improvements of the accounting process or management of the flow of information to Senior Accountant.

Responsibilities

• Assist in audit of residential properties.
• Prepare budget template including previous year’s budget and current year forecast to Property Managers and assist Property Managers and Senior Accountants in preparing each property’s yearly budgets.
• Review and initial residential expenditures including allocation to appropriate property and expense account
• Oversee A/R and A/P including review cash requirement reports and reconcile tenant statements. Monitor banking deposits and daily balances.Monitor operational expenses on a monthly basis by performing variance analysis.
• Prepare year-end working paper files, provide auditors with financial statements, comparative analyses, sub ledger schedules, back ups.
• Prepare month-end journal entries and maintain monthly bank reconciliation, general ledger reconciliations to the sub ledger: cash, accounts receivable, inter-company balances, prepaid expenses, fixed assets, accrued expenses and liabilities.
• Ensure all transactions are recorded, including asset purchases / sales of land / building; SOA; monitor post-closing to be completed within the timeframe dictated by the purchase and sale document.
• The Fulfill all responsibilities and activities in close cooperation with other Property Accountants, A/P Clerks, Property Administrators and Property Managers.
• Daily/weekly/monthly bank reconciliations for Residential banking accounts and tenant refund banking account
• Organize full accounting cycle for real estate properties.
• Prepare monthly operating income statements and balance sheets for all Company owned and third-party residential properties with supporting schedules and submit to operation department for review.

Requirements

• Minimum of 3 to 5 years of accounting experience in residential property management.
• Possess strong analytical and problem-solving skills
• CPA designation or in progress required
• Provide excellent communication and customer service
• Able to be a self-starter with ability to work independently, as well as part of a team
• Experience working with Yardi Voyageur and advanced Excel
• Provide good cooperation (easy going, supportive) with all members of the accounting team, with other departments and with clients (including their financial institutions, auditors and staff)
• Post-secondary degree in Accounting, Finance or related field required.

Contact Harbinger Network:

To apply for the position of Residential Property Accountant - Designated in confidence, please submit your RESUME to:

Sarah Campo - ICI and Residential Construction Recruitment Advisor

Contact phone number: 905-257-9691 Ext. 125

Contact email address: [email protected]

Harbinger Network Inc. is a Canadian-based firm that serves companies across Canada, a diverse Network of Recruiters, and expertise in over 10 major disciplines. Our mission is to build meaningful careers for Professionals and develop powerhouse teams for all Businesses across Canada.

To learn more about Harbinger Network visit www.harbingernetwork.ca or contact us at 905-257-9691.